Bears stepped up pressure across biotech and marketing tech this week. CAPR short interest hit 45.6% of free float, up 9.2 percentage points in seven days. KVYO shorts nearly doubled, rising from 13% to 19.9% of FF. SPCX also drew fresh attention, with SI climbing to 23.9% of FF. On the other side, CHWY saw heavy covering — bears cut positions as SI dropped 11.5 percentage points to 47.6% of FF.
Trump announced a deal with Venezuela granting the US control over 65 billion barrels of oil reserves. The news touched XOM and broader energy names. It is one of the biggest macro developments of the week and could reshape US energy supply forecasts.
WDAY took a hit after Freedom Broker downgraded it from Buy to Hold, cutting the target to $180. ADSK went the other way — UBS raised its target to $325 and BNP Paribas lifted to $300. Both kept Buy ratings. HOOD also saw its consensus target nudge higher, with the trading platform's market cap now above $86 billion.
Three major tech names report this coming week. DELL and PANW both report Tuesday evening. AVGO — the week's biggest name at a $1.77 trillion market cap — reports Wednesday after the close. Options flow is already heating up around these names, with MU and CRWD driving heavy two-sided activity after CrowdStrike posted its best single day ever.
Napco Security's founder Richard Soloway filed an $18M family exit this week. Countering that, directors at AMR spent over $9M buying the coal miner's shares near multi-month lows.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
